


Technical Sentiment Analysis for ProShares UltraPro Short QQQ (SQQQ). As of 2026-04-16, ProShares UltraPro Short QQQ (SQQQ) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 6 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SQQQ stands at 29.61, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -3.43, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 0.61 and the Commodity Channel Index (CCI) at -153.9 further confirm a -18.84 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SQQQ is trading below its 60-day moving average of $71.47 and below its 200-day long-term moving average of $76.41. Key price levels to watch include the immediate resistance at $80.93 and strong support at $56.54. A break above $80.93 could signal a bull continuation, while falling below $56.54 may test the next Fibonacci floor at $45.13.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 32.15 | 45.13 | 56.54 | 69.52 | 80.93 | 93.91 | 105.32 |
| Fibonacci | 45.13 | 54.44 | 60.2 | 69.52 | 78.83 | 84.59 | 93.91 |
2026-04-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 29.61 |
| Stochastic Oscillator | 0.61 |
| Stochastic RSI | 0.7 |
| Commodity Channel Index (CCI) | -153.9 |
| Awesome Oscillator | -10.08 |
| Momentum | -18.84 |
| MACD | -3.43 |
2026-04-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 62.65 | Sell |
| 10-Day | 67.94 | Sell |
| 20-Day | 74.32 | Sell |
| 60-Day | 71.47 | Sell |
| 200-Day | 76.41 | Sell |
| 250-Day | 86.94 | Sell |